Oireachtas Joint and Select Committees

Thursday, 17 October 2019

Public Accounts Committee

Business of Committee

9:00 am

Photo of Marc MacSharryMarc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

We need the Department to set it out crystal clear, because I did so two weeks ago. The reality is that that €250 million cannot be used for anything except that agency. The other issue is that people are paying 1.5 cent per litre for the climate action fund on top of the carbon tax and being hit doubly, though I acknowledge that this is Government policy. We will not get the benefit of that €250 million unless the Government stops levying the agency for a period and works down the funds. Alternatively, as was suggested to me, it could buy an extra few days' oil, which might use up the money. I am glad to have exposed this issue, but I wish we could use the €250 million for other projects.

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